Best Binary Options Brokers Fin Rally Review

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    The Best Binary Options Broker 2020!
    Perfect Choice For Beginners!
    Free Demo Account!
    Free Trading Education!
    Get Your Sing-Up Bonus Now!

  • Binomo
    Binomo

    Only For Experienced Traders!

Finrally Review

Finrally is an emerging broker and has only been on the market for a year. Since that time it has managed to win awards. Its platform is proprietary which shows a real investment into the product and it features the ability to take on automated trading from binary options robots. Other benefits to using this company are the fact that it guarantees to process withdrawals within the hour, it offers trading over the weekends, as well as during the week and the possibility to take advantage of trading guidance. Finrally are currently seeing over 10,000 transactions being processed.

Finrally offers the website in 7 languages and even offers an education section with some excellent video guides.

Company information

Finrally is the binary option brand of Affort Projects SA, a Seychelles-based binary options brokerage firm. The company started the Finrally brand in 2020 and the brand is gaining traction in the market. Traders have the ability to trade binary options across several asset classes on Finrally. The company is also working to introduce CFD trading as part of its brokerage suite.

Assets available

More than 100 assets can be traded using the Up/Down and Turbo options types on Finrally. These assets cover Currencies, stocks, commodities and indices. Here are the assets that are available for trading on Finrally.

Currencies: EUR/USD, GBP/USD, USD/JPY, USD/CAD, EUR/JPY, EUR/GBP, USD/TRY, USD/RUB, USD/ZAR, USD/SGD, NZD/USD, USD/CHF, AUD/USD, GBP/RUB, EUR/RUB, GBP/JPY, GBP/CHF, AUD/CHF, EUR/CAD, AUD/JPY, CAD/JPY, AUD/NZD, EUR/AUD, GBP/CAD, NZD/JPY, AUD/CAD, EUR/NZD.

Stocks: IBM, NISSAN MOTOR, TEVA PHARMA, TESCO, TURKCELL (TURKEY), TATA MOTORS (INDIA), HSBC HOLDINGS (LONDON), COCA COLA (US), SBERBANK (RUSSIA), LUKOIL (RUSSIA), BP (BRITISH PETROLEUM), GAZPROM (RUSSIA), NIKE (US), APPLE (US), MICROSOFT (US), CITI (US), ALPHABET INC C (GOOGLE), F BP, S.BANK INDIA, EXXON MOBIL, BAIDU, AMAZON, DISNEY, GOLDMAN SACHS, INTEL, JP MORGAN CHASE, PFIZER, CATERPILLAR.

Indices: DOW (US), S&P 500 (US), NASDAQ (US), DAX (GERMANY), CAC (FRANCE), FTSE 100 (UK), ISE 30 (ISTANBUL STOCK EXCHANGE), RTS (RUSSIAN TRADING SYTEM), MSM 30 (OMAN), TADAWUL (SAUDI STOCK EXCHANGE), DUBAI (DUBAI FINANCIAL MARKET GENERAL INDEX), KUWAIT (KUWAIT GENERAL INDEX), BOMBAY SE, HANG SENG (HONG KONG), SSE180 (SHANGHAI STOCK EXCHANGE), KL FUTURE, NIKKEI225(JPN), TEL AVIV 25, TOPIX, MICEX 10 (MOSCOW INTERBANK EXCHANGE), ASX, IBEX, FTSE F-DEC16, ASX F-DEC16, NIFTY F-SEP16, SMI, FAZ-SHORT BANKS(ETF).

Commodities: SILVER, PLATINUM, OIL (LIGHT SWEET CRUDE), SUGAR, COFFEE, GOLD/EUR, GOLD, GOLD FUTURE, OIL FUTURE, SILVER, PLATINUM, OIL (LIGHT SWEET CRUDE), SUGAR.

Bonuses& VIP programs

Finrally provides deposit bonuses for first-time deposits only. The bonus structure operates on a sliding scale basis, with bonuses starting from 20% and extending all the way to 100%. The bigger bonuses are granted to traders who make the larger deposits. Bonuses are optional and can be rejected by the trader is this is desired.

There is no special provision for VIP bonuses. Rather, traders who deposit less than $1000 are guaranteed a 50% bonus. Traders who deposit more than $1000 are guaranteed a 100% bonus.

[blockquote]All bonuses are provided subject to terms and conditions, which include the attainment of a certain trade turnover level before withdrawals can be made.[/blockquote]

Apart from bonuses, Finrally offers its traders the opportunity to earn extra capital by participating in trading contests. There is a weekly contest with $20,000 up for grabs, for up to 40 winners. Prizes such as iPads are also provided.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    The Best Binary Options Broker 2020!
    Perfect Choice For Beginners!
    Free Demo Account!
    Free Trading Education!
    Get Your Sing-Up Bonus Now!

  • Binomo
    Binomo

    Only For Experienced Traders!

Mobile

The Finrally platform is available as a mobile app, which can be downloaded from the Google Play store. The app is built for Android devices only.

Deposits and withdrawals

Finrally supports a host of deposit and withdrawal options so that binary options traders from all over the world can have some flexibility in terms of how they can deposit or withdraw funds. Here are some of the transaction options available to traders.

  1. Bank wires: This is the preferred method of transaction for users in countries without access to credit cards and digital wallets. It offers a secure means of transaction, if the trader does not mind the delays.
  2. Digital Wallets: Digital wallets have emerged as a preferred option for many binary options traders using the Finrally platform. Digital wallets that can be used on Finrally include Skrill, Neteller, PerfectMoney, Qiwi, OKPay and AliPay. Deposits and withdrawals with digital wallets are usually processed instantly. They are also free to use.
  3. Credit/debit cards: Approved card methods include VISA, VISA debit, MasterCard, JCB and China UnionPay. These methods allow for instant deposits and very fast withdrawals at no cost to the trader. VISA cards attract a 5% transaction fee.
  4. Cryptocurrencies: The only accepted cryptocurrency on the Finrally platform is Bitcoin. Bitcoin deposits and withdrawals are concluded within 30 minutes, although it may take longer for users who utilize some of the older wallets.

The Finrally team presents a smooth and secure way of depositing and withdrawing money. There have not been many complaints of any kind of scam. Users however must ensure that their accounts are verified by submitting the required identification documents so as to be able to transact smoothly.

Customer support

Customer support on Finrally is available using several channels as follows:

  1. Email: [email protected]
  2. Phone: Users can call the customer support desk on +442038088047.

There is a live chat facility on the home page, which makes it easy to get support on a one-on-one basis.

Extra features and resources

Finrally offers its users some special features to enhance their trading experience. Some of these are as follows:

  • The Finrally platform features unique trade types that enable traders trade binary options with binary options robots.
  • Finrally features a well-stocked educational section which provides learning resources for new traders.

Verdict

Finrally is a good binary options broker to trade with. In making this verdict, a number of considerations were made. These considerations bordered on how the binary options brokerage services offered by Finrally impacted the trader. This comes in the form of account types, payouts and bonuses offered. The feedback was generally very positive.

Pros

Here are some of the advantages of using Finrally’s services:

  • Guaranteed processing of withdrawals in record time of 1 hour for the slowest payment methods.
  • Non-stop trading, which allows traders to trade even over weekends
  • A wide range of transaction methods is provided, providing worldwide coverage.
  • 100% secure trading environment with full protection of traders’ data.
  • Trade under mentorship from experienced users under the one-on-one technical training feature.
  • Customer support is available in several languages, 24/7.

There are only a few negatives:

Cons

  • Customer support can be improved by addition of email and online contact forms of support.
  • Expansion of language base of support system.

Here are some of the Frequently Asked Questions that users have about Finrally. Naturally, some of the questions border on how trustworthy this broker is. Here are the answers to these questions.

  • Is Finrally a trustworthy broker?

So far, Finrally has proven itself to be a trustworthy broker. However, traders are to monitor their brokers to see if this standard is maintained on a continuous basis, and Finrally is not an exception to this rule.

  • How can I open a Finrally account?

You can open a Finrally account from the account opening page on the Finrally website. You will be required to fill a form with your personal and financial details and submit Know Your Customer (KYC) documents such as your international passport and utility bill/bank statement to prove your address.

Finrally is located in Vanautu. Vanautu is one of the jurisdictions that offers limited regulation over financial service firms and is a popular destination for firms wishing to start off brokerage business at lower costs.

  • Is it possible to trade with a binary options robot on Finrally?

Answer: It is possible to trade with a binary options robot on Finrally. However, you need to actually subscribe to a robot which uses Finrally as one of the preferred brokers. Robots are third party applications.

  • What is the minimum deposit amount on Finrally?

With the Bronze account you can start trading with just $250. This goes up to $1000 for the silver account and then $3000 fort he gold account. The maximum deposit amount is $50,000.

Finrally is not a scam broker. It has only operated for about a year, and so far, there have been no complaints that the broker has scammed anyone. Furthermore it has invested in building its own proprietary platform and app which is a great sign for a broker.

FinRally Broker Review

FinRally is a new binary options and CFD broker fresh on the market, launched just earlier this year. Their website comprises a pleasant layout with a race car rally theme and offers an attractive range of bonuses and benefits.

Read our full review to discover if FinRally is the right broker for your trading needs.

Conclusion:

We make it our mission to not recommend anything but the best – which, according to industry experts, is IQ Option, the top regulated broker for your country with a minimum deposit of ONLY $10!

Between 74-89 % of retail investor accounts lose money when trading CFDs

FinRally Special features

The minimum deposit amount is $250. Traders may also request a first deposit bonus of up to 100% (minimum deposit of $3000+)

FinRally offers traders 3 types of accounts;

  • 20% bonus
  • Trading course
  • Demo account
  • 50% bonus
  • Master class in the form of a web session
  • First 3 risk-free trades
  • Trading protection (traders get 10% back on all negative trades on certain option types)
  • 100% bonus
  • Swiss prepaid card
  • Individual account manager

The broker also offers Fixed Income Accounts, with a minimum deposit of $500 and a pre-defined rate of return; invested funds are managed by the broker’s trading department.

FinRally also holds tournaments each week, in which participating traders can win up to $20,000 in prizes.

Try trading with an award-winning broker like IQ Option

Between 74-89 % of retail investor accounts lose money when trading CFDs

Become an IQ Option trader today

Join IQ Option and become a trading master! IQ Option is a world-famous regulated broker that takes your trading to the next level. It allows you to trade forex, crypto, stocks, options and much more on its award-winning platform. The best part? You can start trading with a minimum deposit of ONLY $10! Read our IQ Option review.

FinRally Trading software

FinRally implemented the well-renowned SpotOption trading software for their platform. This is a huge benefit, as it means that most traders will already be familiar with the set-up.

Traders can manage their trades by using the handy features like Sell, Double Up and Rollover.

The broker offers a wide variety of asset types, ranging from popular currency pairings to less common commodities (Sugar) and indices.

Option types available include Classic, One touch, 60 Seconds, Long-term, Ladder, Pairs and SpotFollow, which allows for social trading, where traders can follow leading traders’ actions and copy them. As a follower, traders can follow up to 5 leaders and either all or any of their assets.

The Trader’s Choice feature allows traders to view the current percentage of investors who placed trades as Put or Call.

The FinRally trading platform is also accessible from mobile devices as there is a free app available for download for both Android and Apple. The app allows for instant execution of trades and displays live charts of all CFDs available. Traders may also view their complete trade history.

If you want to trade with an award-winning licensed broker, we recommended using IQ Option

Between 74-89 % of retail investor accounts lose money when trading CFDs

FinRally Support information

The FinRally website is available in a total of 6 languages;

and international customer phone support is available in 5 of these languages.

The live chat feature is quite useful as traders can get replies to their questions within a few minutes by communicating with a live agent. They also provide a generic form which traders can submit if they prefer.

We found the FAQ section to be surprisingly detailed; it comprises 5 different sections (Offers, My Account, Trading, How to Begin & Security) and traders should definitely be able to find the answers to most common questions when trading with this broker.

The FinRally Education Centre offers a simple yet informative info graph on how to trade on the FinRally platform as well as several video tutorials which provide more detailed explanations of trading strategies, for binary options as well as CFDs too.

Try trading with an award-winning broker like IQ Option

Between 74-89 % of retail investor accounts lose money when trading CFDs

Master the markets with IQ Option

  • Get a FREE $10,000 demo account
  • Start trading with only $10
  • Invest with a licensed and regulated broker

With IQ Option, you will be trading with an award-winning broker recognised and praised by industry experts. Get your IQ Option account today!

Between 74-89 % of retail investor accounts lose money when trading CFDs

FinRally Payment Methods

Traders may fund their FinRally account by credit card (VISA/MasterCard), UnionPay, Alipay, JCB, Wire transfer, as well as several e-wallet methods, namely. WebMoney, QIWI, OKPay, Bitcoin, PerfectMoney, Neteller or PayPal. Offering Bitcoin as a payment method is quite a novelty we haven’t seen with many brokers before. Once payment confirmation is received by the broker, funds should be made available for trading instantly.

FinRally claims to be regulated broker, but there is no clear evidence of this regulation anywhere on their website.

The minimum withdrawal amount is $50 and FinRally specifically “guarantees withdrawals within 1 hour”, provided that customers have submitted all verification documents. This is a strong promise to make and when looking into it, we found that withdrawals come with certain conditions; in order to be eligible to make a withdrawal, traders must first make 100% turnover on their deposit or 300% turnover if they received a bonus.

The broker is owned by Affort Projects S.A, with offices in the Seychelles and operated by Finance Group Corp, licensed and located in Vanuatu.

Conclusion:

We make it our mission to not recommend anything but the best – which, according to industry experts, is IQ Option, the top regulated broker for your country with a minimum deposit of ONLY $10!

  • FREE $10,000 demo account
  • Award-winning trading platform
  • Licensed and regulated broker
Between 74-89 % of retail investor accounts lose money when trading CFDs

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The best binary options brokers of the second half of 2020 (rating and top 10 of the best binary trading brokers in 2020)

Content

The best binary options brokers of 2020: rating (top 10 of the best brokers)

Minimal

deposit

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investment

The best binary options broker of 2020 – INTRADE BAR

The official website of the best binary options broker of the second half of 2020 INTRADE BAR: https://intrade.bar

The best broker of binary options of 2020 became the broker INTRADE BAR. Binary options broker INTRADE BAR has a great potential and, apparently, traders have understood that. This is a very expected result, especially if you know the advantages of this binary options broker.

There are advantages of the best binary options broker of 2020 INTRADE BAR:

  • There are very quick payments of earned funds – it takes from 2 to 10 minutes after filing an application during the work hours of the finance department
  • The payments of any amounts are available
  • Verification is not necessary at all – you don’t need to provide any documents to get your earned money
  • There are no cases of blocking trader’s accounts
  • There is a very good feedback from binary options traders
  • There is a demo account
  • There is an ability to have an account in two currencies at once – rubles and US dollars
  • There are a huge number of technical analysis indicators
  • There are transparent quotes that you can check at any moment
  • The minimum deposit amount is $ 10
  • The minimum amount of transaction investment is $ 1

The best binary options broker of 2020 – Binomo

The website of the best binary options broker of the second half of 2020 Binomo: http://binomo.com

Binary options broker Binomo is the best binary options broker of the last two years. This is the first time in a long time that broker Binomo ceded superiority to another broker. On the other hand, the binary options broker Binomo still remains the favorite broker to many traders.

The advantages of the binary options broker Binomo include the following:

  • There are stable payments to all traders that earned money
  • You don’t need a verification to withdraw small amounts
  • There is a very convenient and functional trading platform
  • There is a mobile trading platform
  • The minimum deposit is $ 10 (sometimes it is possible to replenish a trading account with $ 5)
  • The minimum amount of transaction investment is $ 1
  • There is a very good supplier of quotes
  • There is a high reliability of broker
  • There is a good feedback from traders
  • You can open an account in rubles or in US dollars
  • There is a demo account

The best binary options broker of 2020 – Pocket Option

The website of the best binary options broker of the second half of 2020 Pocket Option: https://pocketoption.com

Binary options broker Pocket Option does not cease to please us – there are constant updates and improvements of the trading platform, various promotions and interesting offers for traders. No wonder, that broker is in the top of our rating.

The advantages of the binary options broker Pocket Option are following:

  • There is a very convenient trading platform
  • The function of copying transactions of other traders is available (Social Trading)
  • The minimum deposit is $ 50 (there are promotions when the minimum amount of the deposit is reduced to $ 10)
  • The minimum amount of transaction investment is $ 1
  • There are a huge number of different bonuses for active traders
  • There are a huge number of promo codes and bonus codes to replenish the trading balance
  • It is possible to get $ 50 as no deposit bonus
  • Bonuses do not interfere with the withdrawal of funds (they are burned if the bonus has not been worked out)
  • There is a demo account

The best binary options broker of 2020 – Binary

The website of the best binary options broker of the second half of 2020 Binary: http://binary.com

Binary options broker Binary is a broker that has appeared in the last century. During all this time, a good opinion has been formed about broker Binary and it is a favorite broker of many traders. Recently, the broker introduced a new trading platform that is currently in beta testing, but we can already say that platform is on the same level of quality as the best trading platform of binary options brokers.

The advantages of the binary options broker Binary are following:

  • It has its own trading platform
  • The minimum deposit is $ 5
  • The minimum amount of transaction investment is $ 1
  • There are several types of options
  • There are many trading assets
  • There are stable payments
  • There is a demo account

The best binary options broker of 2020 – Binarium

The website of the best binary options broker of the second half of 2020 Binarium: https://binarium.com

Binarium is a very interesting binary options broker that finally got in the top 5 of the best binary options brokers in 2020. The broker has its own trading platform that many traders like. Of course, the broker also has some disadvantages. One of them is that Binarium prefers long-term forecasts and is ready to pay a higher amount for them than for forecasts for turbo options.

The advantages of the binary options broker Binarium are following:

  • It has its own trading platform
  • The minimum deposit is $ 10
  • The minimum amount of transaction investment is $ 1
  • There are trading signals
  • It is possible to receive signals from experienced broker traders (trading room)
  • There are bonuses for account replenishment that don’t block withdrawals
  • Broker is suitable for beginners
  • There are a huge number of technical analysis indicators
  • There are many trading assets
  • There is a demo account

The best binary options broker of 2020 – IQ Option

The website of the best binary options broker of the second half of 2020 IQ Option: https://iqoption.com

IQ Option is a European binary options broker that constantly occupies high positions in our ratings. The reason of such success is that broker has the best trading platform at the moment, and also in its high reliability.

The advantages of the binary options broker IQ Option are following:

  • There is the best trading platform at the moment
  • There are a huge amount of trading options (including CFD and Forex)
  • The minimum deposit is $ 10
  • The minimum amount of transaction investment is $ 1
  • There are tools that allow you to get multiple profit for the correct forecast
  • There is a very good supplier of quotes
  • There is a demo account
  • There is an opportunity to trade on cryptocurrency
  • There are a huge number of technical analysis indicators
  • There is the best mobile trading platform

The best binary options broker of 2020 – Alpari

The advantages of the binary options broker Alpari are following:

  • It has its own trading platform
  • There are several types of options
  • It is a reliable and leading Forex broker
  • The minimum deposit is $ 10
  • The minimum amount of transaction investment is $ 1
  • There are many trading assets
  • There is a very good supplier of quotes

The best binary options broker of 2020 – FiNMAX

The website of the best binary options broker of the second half of 2020 FiNMAX: https://finmaxbo.com

Binary options broker FiNMAX is a broker that adheres to its rules and views on brokerage activities. On the one hand, it is an outdated trading platform that should be changed, on the other hand, there are reliability, stable payments and the absence of various problems.

The advantages of the binary options broker FiNMAX are following:

  • It has its own trading platform
  • There are stable payments
  • The minimum deposit is $ 10
  • The minimum amount of transaction investment is $ 1
  • There are many trading assets
  • There is a demo account
  • There is a big choice of expiration time

The best binary options broker of 2020 – WForex (World Forex)

The website of the best binary options broker of the second half of 2020 WForex (World Forex): https://wforex.com

WForex (World Forex) is another Forex broker that allows you to trade binary options. But, unlike the previous Forex broker, WForex allows you to trade binary options directly from the MT4 terminal (Meta Trader 4).

The advantages of the binary options broker WForex (World Forex) are following:

  • It has its own trading platform
  • It allows to trade binary options directly from the MT4 terminal (Meta Trader 4)
  • There is no need to look for a third-party schedule for analysis
  • There is a good feedback of traders
  • There are stable payments of any amounts
  • There are a huge number of trading assets
  • It is possible to postpone transactions
  • It is possible to switch between Forex and binary options within one trading account
  • There is a demo account
  • There are bonuses to replenish the trading account

The best binary options broker of 2020 – Expert Option

The website of the best binary options broker of the second half of 2020 Expert Option: https://expertoption.com

Expert Option is a rather old binary options broker that is very popular in Asia and Europe. You can’t call it the best one, but there are traders who prefer to trade exclusively with this binary options broker.

The advantages of the binary options broker Expert Option are following:

  • It has its own trading platform
  • The minimum deposit is $ 10
  • The minimum amount of transaction investment is $ 1
  • There are many trading assets
  • There is a social trading
  • It is possible to conduct technical analysis of the schedule directly in the broker’s trading platform
  • There is a demo account

User Satisfaction 99%

IQ Option has used the latest technologies to create a trading platform that gives its clients an easy, smooth, and fun trading experience. Read Reviews

User Satisfaction 100%

MarketsWorld is owned and operated in the Isle of Man, Great Britain by MarketsTheWorld Limited. Read Reviews

User Satisfaction 100%

We are the market leader in Europe in the online trade in Binary Options. We make trading in Binary Options reliable, convenient and simple. Read Reviews

User Satisfaction 97%

Ayrex offers the most popular types of binary options and the minimum investment required is just $5. Read Reviews

User Satisfaction 71%

OptionFair is a reliabble binary options broker that provides traders with the ability to trade by investing in a variety of assets. Read Reviews

User Satisfaction 100%

BinaryTilt provides trading solutions for active Binary Option traders, as well as traders that are new to the Binary Options market. Read Reviews

User Satisfaction 100%

Founded in 2020, GTOptions offers high returns of 70% to 90% for a successful trade. Read Reviews

User Satisfaction 100%

OneTwoTrade is a leading provider of binary options trading services to individual traders around the globe. Read Reviews

User Satisfaction 100%

Stockpair is a world leading online platform for binary options and pair options trading. Read Reviews

User Satisfaction 100%

99Binary provides a simple, safe, and informative trading solution for traders to profit from the fast-growing binary options trading market. Read Reviews

How To Choose The Best Binary Option Broker

Binary options trading is a relatively new investment method where you can profit by predicting the price movements of a range of dynamic stocks, commodities, indices, and currency pairs. The main reason why binary options trading has become popular so quickly is because you only have to select Yes or No when placing a trade. This dual choice gives binary options trading its name, and is also the reason why most binary trades are called ‘ Call or Put ’ trades.

Traders do not have to buy the actual asset. You simply have to decide whether the asset price will rise or fall within a specific time period. Binary trading services help individual traders and financial institutions participate in the field of binary options. These brokers provide a range of convenient features, advice and tips, special offers, and reliable customer support to help traders invest successfully. Our financial experts analyzed all the leading binary options brokers in the industry to find out which ones are the best. Below we provide the details of our test and we list the most promising and reliable binary trading services we found on the market.

Methodology of our reviews

To review the services of binary options brokers we carefully studied information available on review websites, business sites, and other reliable online sources. We analyzed all the leading binary options brokers and the services they offer. We also examined the information and details available on the official websites of these brokers. Plus, our experts contacted the brokers to get information on particular aspects of their services.

We used the following criteria to evaluate each binary options broker:

  • Trading platform
  • Account options
  • Available assets
  • Customer service quality
  • Offered bonuses and rewards
  • Unique features
  • Trade types
  • Payout ratios
  • Reliability

Best European Binary Options

People living in a European Member state are allowed to trade freely with any binary options broker based in another Member State. A number of regulatory authorities and bodies license and regulate binary options products and brokers in Europe. Trading with a broker that has a license from a European country means your investment is safeguarded by a number of security requirements and protocols. The Financial Conduct Authority (FCA) is the UK regulatory body for all financial products and services. The Banque de France (BDF) regulates all finance companies and their products in France. The Commissione Nazionale per le Società e la Borsa (CONSOB) does the same job in Italy. The Comisión Nacional Del Mercado de Valores (CNMV) is the regulatory body in Spain. The Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) ensures Germany has strict regulations for financial products and services.

Banc de Binary: Banc de Binary is a good choice for newbie traders in the EU as this broker offers extensive trading programs to guide you on how use its trading platforms. US and Israeli residents are barred from using Banc de Binary’s services. The advantages of Banc de Binary are it offers an intuitive and easy-to-use trading platform and there are no fees for deposits and withdrawals. Banc de Binary is a reliable broker as it is licensed by CySEC (Cyprus Securities and Exchange Commission). This broker is also regulated by the countries’ respective financial regulators for its operations in Germany, Italy, Spain, France and the UK. Banc de Binary was established in 2009 and has more than 250,000 customers.

IQ Option: IQ Option is a reliable broker as it is regulated by the Cyprus Securities and Exchange Commission (CySEC). This broker offers returns as high as 92%. Plus, its trading platform is versatile as its supports mobile trading with Android and iOS apps.

24option: 24option is a popular broker that uses an innovative trading platform created by Tech Financials. It offers returns as high as 89% for winning trades. 24option is also a reliable broker as it is licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC).

Best US Binary Options

There is no clear legal landscape for binary options trading in the US. There are two bodies that regulate online financial trading in the US. They are National Futures Association (NFA) and the Commodity Futures Trading Commission (CFTC). Both bodies have not shown interest in licensing and regulating binary options brokers in the US. So, US customers have to depend on offshore-based brokers for binary options trading. To avoid becoming victims of fraud, US customers are advised to investigate the broker thoroughly before investing their hard-earned money in trading with them. Make sure the broker offers advantages such as easy deposit and withdrawal methods for US customers, trading in US dollars, and multi-platform access that includes both desktop and mobile trading options.

Porter Finance: Porter Finance is a reliable broker run by experienced professionals. Its trading platform is easy to use and versatile. Plus, Porter Finance employs personal account managers to ensure customers get full attention and support. This broker’s website offers useful information to help you trade profitably. Porter Finance offers a wide range of trading tools. The maximum payout is 85% and the maximum bonus is 100%. Porter Finance is a recommended broker for US traders.

Tradorax: Tradorax is a good choice for US clients. It uses the proven TechFinancials trading platform which is popular among many other brokers too. You can expect returns as high as 85%. Plus, this broker offers welcome bonus ranging from 50% to 200%.

Finpari: Finpari uses the latest version of the proven and reliable SpotOption trading platform. This broker offers average payouts as high as 83%. Plus, it gives 100% bonus as well as first three risk-free trades.

Best UK Binary Options

The Financial Conduct Authority (FCA) supervises and regulates all financial service companies including binary options brokers based in the UK. As the UK is part of the European Union, you are free to use the services of any binary options broker that has a license in any other European country. You can also trade with any broker licensed outside the UK and Europe. However, we recommend you try the services of the three brokers listed below as they have the reputation of providing a secure and safe trading environment.

IQ Option: IQ Option requires a very low minimum deposit of just $10. The minimum investment amount is just $1. IQ Option offers advantages such as a user-friendly interface, excellent returns, wide variety of options, and handsome deposit bonus. Plus, it is a reliable broker as it is regulated by the Cyprus Securities and Exchange Commission (CySEC). IQ Option offers interactive learning tools and a stand-alone demo account for the benefit of customers.

Banc de Binary: Banc De Binary offers a simple trading platform with a range of attractive trading instruments to help traders make profitable trades. Newbie traders can get personal training from their account manager, and trade with a minimum amount of just $1. Experienced traders can make use of trades that expire in nine months.

24option: 24option is a good choice for both high and low volume traders. This broker stands out as it provides useful trading and strategy guides and videos for all levels of traders. Plus, 24option offers handsome bonuses and fast withdrawals as well as excellent support.

How to choose a reliable binary option trading service

Scams occur in all businesses. The skyrocketing global popularity of binary options trading means it has become the target of brokers and hackers who operate fly-by-night services to make a fast buck on the sly. So, it is a good idea to do your research and enter the binary options market slowly and cautiously. Binary options trading began only a few years ago and it is difficult to control and monitor their operations. About 95% of binary options brokers are not regulated by any financial institution.

This means the majority of brokers do not have the backing of a government financial institution to provide traders the assurance their money is safe. Therefore, consider the following points and features to select a reliable and efficient binary options broker:

Is It a Regulated Broker?

Double-check the credentials of the binary brokers you are interested in. This is a time-consuming task but you have to be sure you can trust the broker. Select a broker who is monitored by the regulations of an institution. This ensures the broker is above board and trustworthy. Usually brokers are regulated by institutions in the country they operate in. In the US, brokers are regulated by Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA). In the UK, the Financial Conduct Authority (FCA) regulates binary options trading. Other EU countries have their own respective regulatory bodies (CySec, BaFin, etc.), that have the power to try your binary options broker if you suffer a scam.

Try out the demo to learn about the features and practice trading

A demo account, or simulator, can help you to practice trading binary options in a real time environment without risking much money. A few brokers offer a free demo account, while others ask for a small deposit to start using the account. Simply register for an account using your phone number. When customer support contacts you, ask for the demo account and start learning about the features of the particular broker. The following brokers offer a demo account that you can utilize to practice trading at a low cost or for free: CTOption , MarketsWorld , OptionsClick , and OptionBit .

What Trading Platform is Offered?

The broker should offer a trading platform that has a simple user interface. Time is important in trading and each second is vital especially if you have selected the 60-seconds option or your option is near the expiry time. Make sure the software is easy to navigate and straightforward to use. Experienced traders and those who wish to keep track of constant market updates should select a broker that provides a mobile trading app.

What are the Investment Options?

The trader should offer a range of investment options. Apart from the usual Put/Call (Up/Down) option, the broker should also offer Boundary, Option Builder, Touch/No Touch and 60-Seconds options. Except for currency pairs, the broker should enable you to trade stocks, commodities, and indices. Select a broker that offers a platform with graphs that have good history time frames that go back beyond yesterday. This will boost your decision-making and increase the chances of successful trading.

What are the Payment and Withdrawal Options?

The broker should offer convenient payment and withdrawal options. Read the “ Terms and Conditions ” of the broker to know all the details. Select a broker that accepts the largest range of payment and withdrawal methods. The most widely used payment methods are bank transfer, credit/debit card, Moneybookers (Skrill), and Western Union.

When You Lose, Do You Lose Everything?

In binary options trading, you are fully aware of the amount you can win or lose before investing. However, newbies can make wrong investment choices. If you are an inexperienced trader, select a broker that provides a “payout” for losing trades. This means, if you suffer a losing trade, you can get back about 10-15% of the invested money.

You can also select a broker that offers risk-free trades. This is a novel concept where the broker gives 5 to 10 risk-free trades if you deposit the minimum required amount to trade ($200-$250).

Is the Customer Support Prompt and Efficient?

Make sure the broker offers good quality customer support with clear communication. Check out the customer support languages and foreign trading currencies offered. Does the broker offer 24-hour customer service and multiple channels to contact agents? Do they provide loyalty bonuses? Read at least some user reviews of leading binary options brokers on our site. Are traders satisfied with a broker’s services? Do agents respond promptly and thoroughly to questions? Good quality customer support is one of the most important criteria to select a reliable binary options broker.

Leading Binary Trading Services

OptioNet: OptioNet uses the Tech Financials trading platform. Its London operations are governed under the regulations of the UK’s Financial Services Authority (FSA). Payout ratios range between 85% to 89% depending on the trading account. OptioNet offers a welcome bonus of up to $5000.

GlobalOption: GlobalOption accepts US clients. It uses an in-house trading platform that is similar to that of EZTrader. GlobalOption offers a payout of 68% to 95% (depending on the asset traded and the type of trades). Traders can get back 15% of their investment amount on losing trades.

EmpireOption: EmpireOption accepts US clients. It uses the SpotOption trading platform and offers a mobile platform for iPhones and Android devices. The average return is 65% to 75% for traditional High/Low binary options. OptionBuilder offers higher payouts at 85%, while the risky One Touch options give the highest payouts at 500%.

TraderXP: TraderXP accepts US clients. It uses the SpotOption trading platform. Payout ratio is between 68% to 75%. This broker uses a wide range of reliable payment and withdrawal methods.

OptionTrade: OptionTrade uses the ProTrader platform, which is modeled after another trading broker called HotForex. Payout ratio is 85%. OptionTrade is fully regulated by the Cyprus Securities and Exchange Commission (CySEC). This broker transacts only with reputed banks and financial institutions.

GTOptions: GTOptions accepts US clients. It uses the reliable SpotOption trading platform. Returns range from 70% to 90% depending on the asset type. One Touch options can yield payouts up to 540%. Bonus of 50% to 100% is offered depending on trading account.

Opteck: Opteck offers an easy-to-use web-based trading platform. Payout ratio is 85% to 100%. Opteck is regulated by the Cyprus Securities and Exchange Commission (CySEC). It offers customer support via phone, live chat, and email.

OnlyOption: OnlyOption uses a sophisticated trading platform provided by Markets.com. Payout ratio is up to 85%. One touch options can yield up to 500% of the investment. OnlyOption’s parent company Safecap Investment Ltd is regulated by the Securities and Exchange Commission (CySEC). This trader offers a welcome bonus of up to 100%.

BNRY: BNRY uses the new generation TradeSmarter trading platform that has sophisticated features. This broker offers a maximum return of 81% for High/Low options. You can get a rebate of up to 10% for losing trades. BNRY is a regulated broker under the Cyprus Securities and Exchange Commission (CySEC).

YesOption: YesOption uses the standard Tech Financials trading platform. Average returns for high/low options are 85%. YesOption offers welcome bonuses between 20% to 100% depending on the amount deposited. It provides one on one coaching and a range of training materials.

GrandOption: GrandOption uses the Tech Financials trading platform. Payout ratio is between 75% to 300%. GrandOption is regulated by the Cyprus Securities Exchange Commission (CySEC). The broker provides a range of bonuses and promotional offers.

Tradesmarter: Tradesmarter uses a simple and reliable trading platform that has been emulated by many other brokers. Payout ratio is up to 85% for successful trades and you can get a rebate of 10% for losing trades. Tradesmarter.com is based in Sydney, Australia and its operations are governed by the Australian Securities and Investment Commission (ASIC).

Alpari: Alpari uses the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms. There are also MT4 and MT5 trading apps for Android and iOS devices. Payout percentage is between 81%-85%. Alpari offers attractive bonuses, competitive tight spreads, and reliable trading support.

Banc de Binary: Banc de Binary uses the popular SpotOption trading platform. This platform supports mobile trading with Blackberry, iPhone, and Android devices. Payouts are between 72% to 81%. Banc de Binary refunds up to 15% for losing trades. This broker is part of the Banc de Binary Group that is listed on the New York Stock Exchange.

Bloombex: Bloombex accepts US clients. Bloombex uses the intuitive, state-of-the-art SpotOption trading platform. Average returns range between 75% and 85%. Bloombex offers at least 30% bonus for any deposit. You can get a 100% bonus for every investment of $100 to $500.

365Trading: 365Trading uses a trading platform called Pip Invest, which is different from popular platforms used by other brokers. Payout ratio is between 60% to 85%. 365Trading has taken the initiative to register itself under the Cyprus Securities Exchange Commission (CySEC). This broker offers 100% bonus on the first deposit.

BinaryBook: BinaryBook accepts US clients. It uses the latest SpotOption Gen 2 trading platform. Average returns are around 80%. You can earn up to 500% with FX/CFD contracts. BinaryBook offers welcome bonus ranging from 25%-100% depending on the trading account.

Magnum Options: Magnum Options accepts US clients. It uses the popular SpotOption trading platform. Average payout ratio is 85%. Magnum Options offers numerous bonuses as well as rebates for losing trades. All transactions are secured with SSL Technology.

OptionRally: OptionRally uses web-based trading platforms powered by SpotOption. Average return is 78% for winning trades and a refund of 10% is given for losing trades. OptionRally is registered in the British Virgin Islands (BVI) and operates under the regulations of the BVI Financial Services Commission (BVIFSC). This broker offers provides up to 100% bonus as well as exclusive offers.

OptioNow: OptioNow accepts US clients. It uses a 2nd generation SpotOption-powered trading platform. OptioNow offers average returns up to 85%. The riskier One Touch trades pay as high as 450%. OptioNow offers bonuses up to 25% and requires a 30x turnover for you to be able to withdraw the bonus cash.

Optionyard: Optionyard uses a web-based trading platform that is easy to use. The average payout ratio is 85%. Optionyard offers high bonuses, five asset classes for trading, and a wide range of trading tools.

BigOption: BigOption accepts US clients. It uses the latest version of the SpotOption-powered trading platform. BigOption offers payout ratios of up to 85% for normal trading. It is a reliable broker as it uses transparent procedures, a SSL certified platform, and segregated accounts.

SetOption: SetOption accepts US clients. It uses the SpotOption trading platform. Payout ratios range from 80% to 750%. You can get a refund of up to 10% for losing trades. SetOption is based in Switzerland and its services are governed by the Financial Market Authority of Switzerland (FINMA).

EZTrader: EZTrader uses its own in-house trading platform that is easy to use. Average payout ratio is between 80% to 95%. EZTrader is licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC). It offers bonuses ranging from 30% to 100%.

CTOption: CTOption accepts US clients. It uses a platform supplied by Panda Trading Systems Ltd (Panda TS). Average returns range between 80% to 90% and you can get a rebate of 5% for losing trades. CTOption offers a welcome bonus up to 100%.

IQOption: IQOption has created a trading platform that gives an easy and fun trading experience. The platform supports mobile trading with iOS and Android apps. Returns can go as high as 92%. IQOption is regulated by the Cyprus Securities and Exchange Commission (CySEC).

Stockpair: Stockpair employs a proprietary trading platform that is simple to use. It supports mobile trading with iOS and Android apps. You can get payouts of around 80% for Up/Down binaries, while Pair options can fetch returns as high as 350%. Stockpair is a EU-regulated broker.

24option: 24option uses an innovative trading platform supplied by Tech Financials. You can get a maximum return of 89% for winning trades, and a rebate of up to 15% for losing trades. 24option is licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC).

AnyOption: Anyoption employs a web-based in-house trading platform that can be accessed from anywhere. Average returns are up to 80% for winning trades and you get 15% refund for losing trades. Anyoption currently offers a bonus on first deposit.

24bulls: 24bulls uses a trading platform powered by TradeSmarter. It offers returns up to 85%. This broker is regulated by the Cyprus Securities and Exchange Commission (CySEC). 24bulls offers up to $2500 free bonus for new traders.

99Binary: 99Binary accepts US clients. It uses the HTML5 trading platform. 99Binary offers returns of up to 86% on Standard & 60-Seconds, and up to 350% on One Touch. This broker complies with online security and anti-money laundering regulations.

BMBoption: BMBoption (Benedict Morris) uses the SpotOption trading platform. Average payouts are up to 88%. BMBoption has applied for a license from the Cyprus Securities and Exchange Commission (CySEC). It offers a customized cash bonus with its premium plans.

Finpari: Finpari uses the latest version of the SpotOption trading platform. Average payout ratio is 83%. Finpari offers up to 100% bonus plus first three risk-free trades. It provides customer support through phone, live chat, and email.

KeyOption: KeyOption uses the sophisticated yet easy-to-use Keystone trading platform. It offers returns up to 85%. KeyOption has applied for Cyprus Securities and Exchange Commission (CySEC) regulation. It offers a welcome bonus up to $5,000.

Nordex: Nordex accepts US clients. It uses SpotOption’s newest trading platform. Average payout ratio is 85%. Nordex offers up to 100% deposit bonus. It provides customer support through phone and tickets.

Sycamore Options: Sycamore Options accepts US clients. It uses a trading platform powered by SpotOption. You can earn up to 75% profit on winning trades, and more than 600% return on One Touch trade. Sycamore Options offers a bonus on request. The amount depends on your account size and individual package.

Tradorax: Tradorax accepts US clients. It uses the TechFinancials trading platform. Average returns are about 85%. Tradorax offers welcome bonus from 50% to 200%. It provides customer support through phone, live chat, and email.

WeOption: WeOption accepts US clients. It uses the TradeSmarter trading platform. Maximum return is 91%. WeOption is a relatively new company that has applied for regulatory licenses from the FCA in England and CySEC in Cyprus.

Winoptions: Winoptions uses the SpotOption trading platform which is advanced, yet easy to use. It offers up to 88% return rate, and up to 550% on the One Touch option. Winoptions operates as a brand of Spot Capital Markets Ltd, which is authorized and regulated by the Cyprus Exchange Commission.

IvoryOption: I voryOption accepts US clients. It uses the popular SpotOption trading platform. Average payout ratio is 85%. IvoryOption offers up to 100% deposit bonus. It provides customer support through phone, live chat, and email.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    The Best Binary Options Broker 2020!
    Perfect Choice For Beginners!
    Free Demo Account!
    Free Trading Education!
    Get Your Sing-Up Bonus Now!

  • Binomo
    Binomo

    Only For Experienced Traders!

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The best binary options brokers of the second half of 2020
# Broker Broker review Site
1 10$ 1$ Broker review Official site
2 10$ 1$ Broker review Official site
3 50$ 1$ Broker review Official site
4 10$ 1$ Broker review Official site
5 9$ 1$ Broker review Official site
6 10$ 1$ Broker review Official site
7 50$ 5$ Broker review Official site
8 10$ 1$ Broker review Official site
9 10$ 1$ Broker review Official site
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